Polycab India Share Price plumed 9% on Tuesday to hit a day low of ₹4,867.10. Shares of polycab fell sharply in Tuesday trade amid reports of tax evasion.
Today polycab India share price opened at ₹4,995.95. The share price jump up in the morning deals on Wednesday after announcement by polycab that they have not received any information from the income tax department.
Summary about the company:
Polycab India is a manufacturer and seller of wires and cables and fast moving electrical goods. The company’s product line includes electrical fans , LED lightning and luminaires , switches and switchgears under the polycab brand.
Polycab India limited is the country’s largest manufacturer of wire and cables. Its business operations span across India through 23 manufacturing facilities, more than 15 offices and over 25 warehouses.
Performance of the company:
The current share price ₹4,995.95, there has been 1.72% rise in share price resulting in net change of ₹83.55.
52 weeks range
₹2,615low ➨ ₹5,733high
As stock price goes up approx. 1.72% the details of open price and trading value are as follows:
| Open | Previous Close | Total volume | Avg. trading Price | Upper circuit | Lower circuit |
| ₹4,995.95 | ₹4,867.10 | 20,13,800 | ₹4965.25 | ₹4,380.40 | ₹5,353.80 |
Lets take a quick look on the fundamental details of the Polycab India share
| Market Cap | ₹73,090 Cr. |
| P/E Ratio | 45.47 times |
| Industry P/E Ratio | 55.26 times |
| P/B Ratio | 10.96 |
| Beta β | 0.90 |
| Dividend Yield | 0.41% |
| ROE | 19.04% |
| ROCE | 27.76% |
| Book Value | ₹479.15 |
| Face Value | ₹10.00 |
